Kabbage

Finovate Alumni News– March 15, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Arroweye Solutions, Check Point, ClairMail, InComm, Kabbage, PayPal, Plastyc, SecondMarket, Silver Tail Systems, Striata, Syphr, Yodlee
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgAmerican Banker reports LifeLock buys ID Analytics to boost its appeal to banks.
  • Practical Ecommerce profiles Kabbage, highlights future endeavors.
  • CNN Money discusses how SecondMarket escaped clashes with the new SEC ruling.
  • Convenient Cards, Rapid Financial, & Plastyc partner with Arroweye Solutions to get prepaid cards to market faster.
  • Silver Tail Systems introduces profile analyzer to protect websites from cyber attacks & fraud.
  • Check Point wins 2012 SC Magazine Readers Choice Award for best intrusion prevention solution.
  • Syphr and CarLoans.com launch ad platform pilot for CUs.
  • American Banker reports Bancorp Bank announces NetSpend, InComm prepaid card deals.
  • PayPal introduces PayPal Here to compete with Square.
  • Finextra discusses ebilling adoption rates, reviews Striata’s strategy.
  • H&R Block Canada and Yodlee partner to deliver tax applications to financial institutions.
  • Clairmail and VocaLink partner to combine real-time payments with mobile solutions.
This post will be updated throughout the day as news and developments emerge. You
can also follow all the alumni news headlines on the Finovate Twitter account.

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Kabbage and Outright Announce Partnership

By Julie Muhn (@julieschicktanz) Posted on
Categories: Kabbage, Outright.com

Thumbnail image for KabbageLogo.jpg

Yesterday Kabbage, a startup that provides capital to small businesses, and Outright, an online bookkeeping and tax software provider, announced a partnership:

“Kabbage uses Outright’s transactional data on an anonymous basis to help qualify and approve smallThumbnail image for Outrightlogo9.1.11.png businesses for cash to grow. Upon pre-qualification, the businesses go through an automated and painless application process to receive working capital, typically accessing their cash in less than 10 minutes.”

To learn more, watch Kabbage’s FinovateEurope 2012 demo and Outright’s FinovateFall 2010 demo.

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Finovate Alumni News– March 12, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Authentify, Bill.com, cbanc Network, Kabbage, Kasasa, Outright.com, PayPal, Ping Identity, Plastyc, Xero
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgGov Info Security interviews Authentify CEO Peter Tapling about authentication.
  • Ping Identity partners with Winvale, a gov’t tech solutions provider.
  • Fox Business News looks at how to get more money from Kabbage.
  • Bill.com unveils revamped user support.
  • TechCrunch reports PayPal to unveil small business payments platform.
  • Kabbage & Outright announce partnership.
  • cbanc Network launches Backstage Pass to open its platform to vendors.
  • How Kasasa helps community banks give megabanks a run for their money.
  • Plastyc partners with IDology to make authentication more consumer friendly.
This post will be updated throughout the day as news and developments emerge. You
can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– March 5, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: BancVue, Credit Sesame, CurrencyFair, Dwolla, IDTheft 911, Kabbage

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  • The Washington Post lists Kabbage as an alternative source of funding to bank loans.
  • Identity Theft 911 receives a 2012 International Stevie Award & an Excellence in Financial Literacy Education award.
  • Dwolla launches update to fix accidental transfers.
  • Silicon Republic profiles CurrencyFair CIO David Christian.
  • Main Street profiles Credit Sesame CEO Adrian Nazari.
  • American Banker reports BancVue sells credit card arm to First Arkansas.
This post will be updated throughout the day as news and developments emerge. You
can also follow all the alumni news headlines on the Finovate Twitter account.

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Kabbage’s Partnership with UPS Provides More Funding by Using Shipping Data in Underwriting

By Julie Muhn (@julieschicktanz) Posted on
Categories: Kabbage

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Kabbage, a startup that provides financing to online merchants, announced yesterday that it has partnered with UPS to use customer shipping data to make better underwriting decisions.

“Effective today, small businesses will be able to direct UPS to share their shipping history with Kabbage via the Kabbage.com website, making it possible for them to potentially obtain more capital at lower rates.”

UPSScreenShot.jpg

A video on Kabbage’s blog states that UPS is also providing Kabbage an undisclosed amount of capital to grow its customer base and fund more small businesses.

To learn more about Kabbage, watch its FinovateFall 2011 demo.

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Finovate Alumni News– February 16, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: BillFloat, Dwolla, eToro, HelloWallet, Holvi, IDTheft 911, Kabbage, Kasasa, ReadyForZero, ValidSoft
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgInspirePay embeds Dwolla’s payment network.
  • Fast Co Design applauds ReadyForZero’s product and UI.
  • Phil D’Angio appointed as Senior VP of Global Sales for ValidSoft.
  • MAPFRE Puerto Rico selects Identity Theft 911 to provide ID theft protection & resolution services to policyholders.
  • Vision Research Lab highlights Holvi’s demo from FinovateEurope.
  • DepositAccounts.com looks at reward checking accounts from Kasasa.
  • Kabbage’s partnership with UPS provides more funding by using shipping data in underwriting.
  • BillFloat is loaning more than $1 million per month.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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Finovate Alumni News– February 13, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Capital Access Network, Kabbage, Kapitall, Nutmeg, On Deck Capital, Personal Capital, ProfitStars, Rebirth Financial, TrustedID, Xero

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  • Personal Capital launches “Savings Concierge” service for high rates & strong safety.
  • ProfitStars introduces eCommercial Security Awareness Training.
  • Nutmeg shares its Finovate experience.
  • Xero wins 2012 Top New Accounting Product from Accounting Today.
  • Fox Business News highlights Capital Access Network, Kabbage, and On Deck Capital as non-bank loan resources.
  • Kapitall Generation enables next-day funds transfer.
  • Wall Street Journal blog reports TrustedID buys reputation manager, Reppler.
  • Capital Access Network brings in $30 million from Accel Partners.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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FinovateEurope 2012 in the Press

By Julie Muhn (@julieschicktanz) Posted on
Categories: Brokertainment, Cardlytics, CurrencyFair, eToro, ETRONIKA, Holvi, IND Group, Kabbage, Liqpay.com, Meniga, MiiCard, Nutmeg, Ping Identity, Serverside Group
Here’s a look at press coverage from FinovateEurope on Tuesday:
ABA Banking Journal
Innovative payment startups, 2012 Edition
ArcticStartup
ETRONIKA Creates Kinect-Based Security For Online Banking
by Greg Anderson
Backbase Blog
FinovateEurope 2012: a brief review 
by Jelmer de Jong

BankInnovationLogo.jpg

Bank Innovation
7 New Services Launched at FinovateEurope 2012
by Mary Wisniewski
Banking Technology 
Finovate Europe packs in the punters
Blick Log 
Finanzinnovationen von der Finovate
by MNOCKERL 
bobsguide
Finovate Europe points way to the future
by Neil Ainger
Celent
Another take on Finovate
by Gareth Lodge
FinovateEurope 2012: More Payments and Mobile, Less PFM
by Zilvinas Bareisis
Innovative Payments Startups, 2012 Edition
by Zilvinas Bareisis
Commercial Integrator
Etronika Unveils Improved Microsoft Kinect-Based Online Banking
by Rachel Cericola
Finance 2.0
Finovate 2012: Der erste Eindruck
by Boris Janek
Financial Services Club Blog
The best of innovation in finance: #Finovate Europe 2012
by Chris Skinner
Finextra
Live at Finovate
by Pat Carroll
Finovate
AcceptEmail’s Service Creates an Electronic Bill that Can Be Paid by Mobile
Actiance’s Socialite Engage Helps Advisors Manage Social Media
Aimia and Cardlytics Help Merchants Track Offers and Revenue
Backbase Improves Bank 2.0 Portal Manager
Business Centric Services Group Launches CreditHQ
Brokertainment’s StockBattle Lets Users Engage in Social Betting on Stocks
CurrencyFair Launches QuickTrade Feature
Dynamics Shows Off Smart Credit Card
eToro Introduces Guru Finder, Launches iPad App
ETRONIKA Revolutionizes How Users Interact with their Online Bank
Fenergo’s Deal Manager Helps with Client On-Boarding and Account Opening
Figlo Makes Financial Planning Accessible on Any Device
FinovateEurope 2012 Live Twitter Transcript
Finsphere’s Solutions Keep Online Banking Secure
Fiserv Introduces Mobiliti M-Cash
Handpoint Launches Secure Payment Solution for Tablets and Smartphones
Holvi Unveils Group Account Technology
IND Group’s Banking-Front Office Gamifies Personal Finance
InvestorBee From DCisions Helps Users Make Sound Investment Decisions
Ixaris Demonstrates Customizable Card Program in a Box
Kabbage’s ScoreKard Gives Online Merchants a Dashboard of Health
Liqpay’s Zip.liqpay.com Allows for Easy Online Payments
Luup’s Wallet System Facilitates the Internal Authorization Process
Meniga Upgrades PFM to Align with How People Think About their Money
miiCard Launches Open Beta of a Digital Passport for Online Identification
Mootwin Enables Users to Better Manage Mobile Ap
ps
Nutmeg Offers a Tailored Investing and Saving Experience
PayPal Demonstrates Instant Account Creation
Ping Identity Shows How Financial Institutions Can Use Social Networking Logins
Sandstone Launches Mobile Banking App
Serverside’s Technology Creates Viral Marketing Through Facebook
Service2Media Enables Secure Mobile Payments
Striata Launches Paperless Adoption Technology
Tradeshift’s Instant Payments Gives Businesses a Faster Way to Receive Cash from Invoices
VALid from ValidSoft Uses Voice Authentication
Wipro Brings Customer Acquisition to the Tablet

ForresterLogo.jpgForrester Blogs

Finovate Europe 2012: Innovation In Digital Financial Services
by Benjamin Ensor
FSTech
Finovate Europe: best of show winners
by Scott Thompson
Hotwire PR blog
Finovate Europe 2012 – the aftermath
by Ben L
I Programmer
Kinect The Ultimate Security Device
by Harry Fairhead
Inside Brunei fm
ETRONIKA Brings online banking to Gesture Control, But Why?
by Roshan Jerad Perera
miiCard Blog
Impact of Financial Services in 2012, from FinovateEurope
by Cassie Anderson
A Cookie for Your Thoughts
by Cassie Anderson
Mircea Mihaescu Blog
Finovate London– More Old News?
by Mircea Mihaescu
Money Marketing 
Ian McKenna: Technology the key to building scale
by Ian McKenna
Ian McKenna: The new wave of FS tech
by Ian McKenna
My Bank Tracker
Wave Your Arms in the Air: Etronika’s Gesture-Based Banking
by Willy Staley
Nutmeg Blog
Nutmeg wins ‘Best of Show’ at Finovate Europe
by Aisha, Jono and Nick
OCTO Talks!
Innovation dans les services financiers: Retour sur Finovate 2012
by Joseph Glorieux 
Partners in Prepaid
Finovate 2012: New Kids on the Block
by Duygu Tavan
Payment Observer 
Trends and Innovation in Finance: FinovateEurope 2012
by Martin Schuppelius
psfk
Kinect-Powered Online Banking Logs You In With Your Face And Voice
by Emma Hutchings
Slash Gear
ETRONIKA produce Kinect-based online banking
by Chris Burns
TechCrunch Europe
Lithuanian company develops Kinect-powered online banking system
by Mike Butcher
TekFin
Financial Services and Data exhausts
by Yann
Ubergizmo
Kinect based online banking from Etronika a reality now
by Edwin Kee
Visible Banking
Cardlytics: Merchant Coupons within Online Banking [INTERVIEW]
by Christophe Langlois
Currency Fair: the P2P Marketplace to Exchange Currency on your Terms [INTERVIEW]
by Christophe Langlois
Visible BankingLogo.jpg
Etronika: Kinect Banking at the Branch, Minority Report Style [INTERVIEW]
by Christophe Langlois
etoro: Copy Trading, Gamification and Personal Branding [INTERVIEW]
by Christophe Langlois
Finovate Europe 2012 (Photos, Videos, Crowdsourced Blog Coverage)
by Christophe Langlois 
Holvi: One Stop Shop for Groups – Crowdfunding, Budgeting, Expensing
by Christophe Langlois
iBrokr’s StockBattle: the World’s First P2P Option Game [INTERVIEW]
by Christophe Langlois 
IND Group: Bringing Gamification into the Online Bank [INTERVIEW]
by Christophe Langlois
Kabbage: for SMEs, More Social Media Engagement = More Cash [INTERVIEW]
by Christophe Langlois
LiqPay’s Zip: a Payment Details Shortener ‘bit.ly Style’ [INTERVIEW]
by Christophe Langlois
Meniga’s CEO: PFM Fully Integrated to Online Banking [INTERVIEW]
by Christophe Langlois
Nutmeg: Providing Private Banking Services to the Masses [INTERVIEW]
by Christophe Langlois
Ping Identity: Tapping Social Media to Customize Customer Experience in Banking
by Christophe Langlois
Serverside Group: Customize your Card Design on Facebook [INTERVIEW]
by Christophe Langlois
Vision Research Lab
Finovate– look out for these companies
by Duygu Tavan
Finovate– Who to look out for
by Duygu Tavan
Finovate: Hot stuff from Finland – meet Holvi
by Duygu Tavan
Zawya
Luup launches Mobile Travel Authorisation & Budget Management Service

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Kabbage’s ScoreKard Gives Online Merchants a Dashboard of Health

By Julie Muhn (@julieschicktanz) Posted on
Categories: FinovateEurope 2012, Kabbage

Thumbnail image for KabbageLogo.jpg

Afterwards, Kabbage showed how its ScoreKard can inform online merchants about their store’s health:

“Kabbage is introducing the Kabbage ScoreKard, which enables online merchants to:

a) view a comprehensive dashboard of their online store health

b) generate a score corresponding to both the breadth and depth of their merchant health

c) obtain this information in a portable format to share with a third party with whom they may conduct business.”

Product Launched: February 2012

HQ Location: Atlanta, GA
Company Founded: February 2009
Metrics: Raised $26 million in equity, 35 employees, more than 10,000 accounts, millions of dollars advanced each month
Website: kabbage.com

Presenting Robert Frohwein (CEO) & Kathryn Petralia (COO)
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Finovate Alumni News– January 31, 2012

By Julie Muhn (@julieschicktanz) Posted on
Categories: Dwolla, HelloWallet, Kabbage, SigFig, Stocktwits
  • Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgStockTwits now powered by Revere Data.
  • PC World includes HelloWallet in its list of software that does it all.
  • Investment News looks at SigFig’s free service.
  • American Banker examines Dwolla’s role in digital disintermediation in the banking industry.
  • Technorati explains how Kabbage can help small businesses. Come to FinovateEurope to see its live demo.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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2011 Funding for Finovate Alumni– Over $423 Million Raised

By Julie Muhn (@julieschicktanz) Posted on
Categories: Bill.com, BillGuard, Bobber Interactive, Braintree, Cardlytics, CashStar, Continuity Control, Credit Sesame, Dynamics, edo Interactive, eToro, eWise, Finsphere, FTRANS, Guardian Analytics, Kabbage, Kony Solutions, Lending Club, Lendio, mFoundry, MiiCard, MOOTWIN, On Deck Capital, peerTransfer, Plastyc, Prosper, SecondMarket, SecureKey, Silver Tail Systems, Simple, Xero

Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgTo wrap up 2011, we’ve compiled a list of all of the funding Finovate alumni received over the course of the year. 

The results were impressive:
  • A total of 34 companies received funding, some more than once
  • The companies collectively raised over $423 million dollars
  • The months with the highest number of companies receiving funding were June August, both with 8 companies
  • The highest amount of funding came in the month of June, when the alumni brought in over $124.4 million
Here is a month-by-month breakdown of funding received:
January — $40.8 million raised by 3 companies
February — $10.3+ million raised by 3 companies
March — $20.4 million raised by 4 companies
June — $124.4 million raised by 8 companies
July — $1.1 million raised by 1 company
August — $103.4 million raised by 8 companies
September — $33 million raised by 1 company
October– $22 million raised by 2 companies
November — $16.3+ million raised by 3 companies
December — $52.2 million raised by 5 companies
Note: Funding that companies received before they demonstrated at Finovate was not counted. If you see any funding that is not on this list, please send the name of the company along with a link to the funding information to julie@netbanker.com and I will add it.

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Finovate Alumni News– December 16, 2011

By Julie Muhn (@julieschicktanz) Posted on
Categories: Credit Sesame, HelloWallet, IP Commerce, Kabbage, Mint.com, Pageonce

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  • Kabbage secures second U.S. patent for online merchant finance platform.
  • IP Commerce to assist BillingTree with expediting merchant boarding services.
  • MyBankTracker compares PFMs including Mint, HelloWallet, and Pageonce.
  • Business Insider gives an tour of Credit Sesame’s new mobile app.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

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